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Repo rate unchanged
April 29, 2026
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The repo rate will remain unchanged at 6.50 until mid-June, the Bank of Namibia (BoN) has announced. As a result, commercial banks are expected to keep their prime lending rates at 10. The central bank says the policy stance was necessary to safeguard the Namibia dollar’s peg to the South African rand. Last month, the [] The post Repo rate unchanged appeared first on The Namibian.
The Namibian
Coverage and analysis from Namibia. All insights are generated by our AI narrative analysis engine.
Namibia
Bias: lean left
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